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token-takeaway

Filecoin: A Web3 Alternative to Centralised Cloud Storage Providers

Filecoin: A Web3 Alternative to Centralised Cloud Storage Providers

Token Takeaway: FIL Token; Filecoin is a decentralised cloud storage platform that operates on an incentive-based economic model, enabling individuals to lease out their digital storage space. Clients can securely store their data in a universal, distributed network for a fee. Filecoin’s native token, FIL, has had a great

Lido: A Liquid Staking Solution for Staked, Illiquid Tokens

Lido: A Liquid Staking Solution for Staked, Illiquid Tokens

Token Takeaway: LDO Token; Lido, a decentralised liquid staking platform for Proof-of-Stake (PoS) chains like Ethereum and Solana, has made headlines since the start of this year. Its native token has shot up around 200%, and the platform TVL has increased by approximately 50%. Its frictionless staking services with additional

Fantom: A High-Performance Smart-Contract Blockchain Platform

Fantom: A High-Performance Smart-Contract Blockchain Platform

Token Takeaway: FTM Token; Fantom is a decentralised, open source blockchain platform for dApps and digital assets, offering high performance at a low cost. However, with Fantom targeting one of the most competitive crypto sectors, it has underperformed its competitors and recently seen a sharp decline in its TVL. Nevertheless,

Polygon: More Than Just a Scaling Solution

Polygon: More Than Just a Scaling Solution

Token Takeaway: MATIC Token; As the leading smart contract blockchain, Ethereum struggles with scalability and high costs, which will only become more pronounced with growing crypto adoption. This is a problem that Layer-2 scaling solutions like Polygon were created to fix. Polygon offers a range of EVM-compatible scaling solutions and

OKX: A Crypto Exchange with Over $6.4bn in Reserves

OKX: A Crypto Exchange with Over $6.4bn in Reserves

Token Takeaway: OKB Token; The collapse of FTX has developed much uncertainty and security concerns in the crypto industry, particularly among exchanges. However, some exchanges offer high levels of security and transparency for their customers, and OKX is one of them. With over 20 million registered users, OKX is renowned

Aave: The Stablecoin Ghost

Aave: The Stablecoin Ghost

Token Takeaway: AAVE; With the crypto market sentiment being quite bearish and the aftereffects of the FTX fallout still playing out, it is important to keep an eye on projects that work through these tumultuous times. In this Token Takeaway, we look at the Aave protocol, its native token AAVE,

Brave Browser: A User-Centric Web3 Application

Brave Browser: A User-Centric Web3 Application

Token Takeaway: BAT; Brave is a free, open-source Web3 browser that protects and preserves user privacy and data. Brave allows its users to seamlessly surf the web like any other internet browser, but with improved speed, security, and privacy. This Token Takeaway will examine the fundamentals of Brave and its